Kenter Logistics Information Blog
Importing to the USA – Importer of Record
Posted on March 14th, 2016
Importing to the USA 9 Points for the Importer of Record and the process of Reasonable care What can you do to meet requirements:
- Investigate government requirements in regards to a specific type of product and review the U.S. importer of record requirements
- Save the link to the online Harmonized Tariff Schedule for reference.
- Create a tariff database to use, it will minimise errors. Schedule a monthly review and update the database as necessary.
- Work with a licensed expert or NVOCC/Freight Forwarder for consultation and guidance. Having someone helping at Origin Port will save a lot of headaches.
- Have purchase order instructions that match invoice requirements.
- Train and provide procedures for employees to be compliant at Origin Port, Document processes for classification, valuation, certificates of origin verification, etc.. Simplify procedures
- Review invoices and documentation to adjust for compliance.
- Depend on more than one set of eyes. Customs Brokers can make mistakes. It is the responsibility of the business owner to review entries and create processes that reduce the possibility of re-occurrence.
- Set up clear and comprehensive record keeping. Know the documents to be kept, how they should be stored and how long they should be kept.
Roro Machinery Shipping Rates
Posted on March 7th, 2016RoRo Shipping Rates for Shipping Heavy Machinery When negotiating rates if you receive a bargain on freight that’s too good to be true, it probably is. It could cost you hundreds of dollars a day in lost dry hire revenue while your heavy machinery rides around the world on a RoRo ship for 180 days because you went with the lower price but longer transit service. Service from a Freight Forwarder means ensuring freight will move along “line of least resistance”. This takes experience and commitment, not always easily achieved, but the mark of someone is how they deal with your shipment when its hit some difficulty through the supply chain, rather than when its all going well. Here’s some thoughts to consider :
- Theres always someone willing to ship it cheaper
- Research and Compare
- Vessel Space and Availability
- Órigin Documentation
- Timely Updates
Where are we shipping heavy mining equipment ?
Posted on March 6th, 2016
The Investment Attractiveness Index takes both mineral and policy perception into consideration. An overall Investment Attractiveness Index is constructed by combining the Best Practices Mineral Potential index, which rates regions based on their geologic attractiveness, and the Policy Perception Index, a composite index that measures the effects of government policy on attitudes toward exploration investment. While it is useful to measure the attractiveness of a jurisdiction based on policy factors such as onerous regulations, taxation levels, the quality of infrastructure, and the other policy related questions that respondents answered, the Policy Perception Index alone does not recognize the fact that investment decisions are often sizably based on the pure mineral potential of a jurisdiction. Indeed, respondents consistently indicate that roughly only 40 percent of their investment decision is determined by policy factors. – See more at:The Fraser Institute Annual-survey-of-mining-companies-2015 What will be interesting will be how this affects the supply and demand of used machinery. Currently when we ship heavy equipment to canada from the UK we see large State to State Haulage permits effecting the overall cost proposition on used machinery. But with increases in demand will that translate to higher prices on used machinery. Always know your Transport Dimensions on heavy machinery, it can make or break a machines viability.